Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (136290)	5/30/2001 8:57:19 AM
From: Dan3	Read Replies (3) \| Respond to of 186894

Radio Shack Announces power cords suitable for plugging Itanium systems into the wall!!! LOL! Itanium is being marketed for servers, but has lousy integer performance. Foster is being marketed for workstations but has lousy FP performance. They got it backwards. Itanium is useless without new software and Foster is a dog without new software. The market is flooded with SUNs right now, Alpha's EV7 is nearly here with its installed software base and a proven track record. AMD is introducing SMP workstations and servers for the X86 code base that don't need new software, perform as well or better then Itanium/Foster, and cost 1/2 as much as the new offerings from Intel's partners. Meanwhile the result of 2 rate cuts at 1/2 point each is higher medium and long term interest rates. After holding out for a long time, the commercial real estate market tanked this quarter and residential started to decline. Auto sales are rocky. Greenspan is pushing with a string. The tax cut gives 2/3's of its dollars to the wealthiest 10% of the population - which may or may not be fair since they pay more dollars in taxes, but it also means 90% of the population has to share 1/3 of the first year of a ten year 1.2 Trillion dollar cut - 40 Billion dollars spread over 240 Million people is about $167. That's not going to get anybody to go out and buy a new house or car. But the $1,200,000,000,000 total for the cut will keep long term rates high, and new capital investment down, no matter what Greenspan does. It is not a good time to be introducing two confusingly similar, expensive, lines of capital goods into a sector that is facing far more competition that has historically been the case. Dan